Kalyan Jewellers stock falls 9% despite strong Q1FY27 business update
Kalyan Jewellers slid to ₹348.35 from ₹381.25 even as its Q1FY27 update showed India revenue growth above 38% and same-store sales growth near 28%. International revenue rose ~35%, led by ~30% Middle East growth, while Candere surged ~112%. The company added 12 Kalyan and 5 Candere showrooms in India.
Kalyan Jewellers' stock dropped 9% despite a strong Q1FY27 update showing 38%+ India revenue growth, ~28% SSSG, and 35% international growth. Candere revenue surged 112%; the company opened 12 Kalyan and 5 Candere showrooms in India.